Downside of a 12 team CFP is that now teams like BSU, UNLV, Toledo, and Liberty will claw through their seasons hoping to reach a point where some network execs and CFP functionaries decide which of them deserves a shot.
And that shot will be the opportunity to be a 12 seed, they’ll most likely be ranked around #20, and they’ll be matched up against the 5 seed. Probably a team ranked in the top 7-8, and they’ll play on that team’s home field. If they somehow win that - which will hardly ever happen - they get to play the #1 seed.
The token G5 team isn’t going to be much more than a speed bump on the way to the semifinal for blue blood teams. And yet, the G5 thinks they’ve won something.